The former Vineland Kosher poultry plant in Vineland, New Jersey, and all of its equipment will be sold at an online auction to be held in March.
According to a press release issued by Heritage Zetabid Realty & Auction Services, an auction will be held online from March 1 to March 10. The bidding for the plant and all of its food processing equipment, which is fully intact, has been set at $999,999. The starting bid for the real estate alone is $699,000.
The site to be sold spans an area of 30 acres and features more than 55,000 square feet of industrial space.
“With the plant’s machinery alone valued at over $500,000, this sale presents a compelling opportunity for bidders to purchase and operate a turnkey poultry processing facility at a fraction of the typical start-up costs. The real estate alone holds tremendous value, with a starting bid of less than $25,000 per acre, or $0.50 per square foot,” said Michael Davin, managing director of Heritage Zetabid Realty & Auction Services.
Buyers must register in advance to obtain due diligence information. Site tours may be arranged with 48 hours advanced notice.